Quayclean are a national cleaning and waste services partner with proven results in the understanding and delivery of cleaning needs and challenges faced by facilities including; major venues and…read more
Report identifies growth in personal training led by rising levels of health consciousness
A new industry report from IBISWorld charts how the strong growth in personal training services over the past five years has been fueled by rising levels of health consciousness in Australia and a growing interest in weight-loss programs and fitness regimes.
IBISWorld’s Industry Report OD4195 Personal Trainers in Australia, suggests that Australia’s economic prosperity and growth has provided consumers with greater purchasing power to spend on personal training as their level of discretionary income has risen in line with the overall economy.
The Report suggests “growing levels of obesity have also contributed to industry growth, as overweight consumers typically prefer personal training to gym memberships as these services are more specialised and results oriented.
“Obesity in Australia has been rising due to the ageing population, since the likelihood of an individual becoming overweight increases with age. Moreover, pressure to work longer hours has led to increasingly sedentary lifestyles, further contributing to growing obesity levels.
“As a result of increasing health awareness, industry revenue is expected to increase by an annualised 10.9% over the past five years, to total $390.0 million in 2013-14.
“Although the industry achieved robust growth over the five-year period, revenue fell significantly in 2008/09 following the global financial crisis. This was a result of consumers substituting personal training services for inexpensive do-it-yourself exercise methods. “Despite this, the industry quickly recovered as household income growth remained steady. “Also, continued awareness of the need for a healthy body, promoted through TV programs and government initiatives, has helped keep the industry’s activities at the forefront of consumers’ minds. Industry revenue is anticipated to grow by 3.9% in 2013-14.
“Growth in discretionary incomes and health consciousness are expected to continue over the next five years. As a result, the industry is projected to reach saturation point as a growing number of entrants creates a higher level of competition among industry operators, forcing prices down overall.
“Consequently, profit is also expected to drop once these competitive pressures start to affect the industry.”
IBISWorld forecasts that industry revenue will rise at an annualised 2.4% over the next five years.
The report cover those individuals that it identifies as offering one-on-one and small group fitness training as well as those that may also provide personalised diet programs and are typically employed by gyms, fitness studios and hospitals, or are self-employed.
For more information go to www.ibisworld.com.au
13th August 2014 - FITNESS INDUSTRY SURVEY IDENTIFIES POTENTIAL OF PERSONAL TRAINING
11th February 2014 - IBISWORLD PREDICTS FLAT GROWTH IN FITNESS INDUSTRY THROUGH 2014
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
The Jump Pad is a safe, flat inflatable made in a variety of sizes which can be used indoor or outdoor. From 3mx3m up to a whopping 9mx21m. Markets include Indoor and outdoor playgrounds, schools,…read more
At easyemployer we've come up with a software solution that manages one of your most important, and often most costly, business resources - your staff. We are helping 100s of clients to…read more
Track. Engage. Retain GreeneDesk is a suite of cloud based software solutions helping health clubs, leisure centres and swim schools to effectively track progression, improve customer engagement and…read more
Smart Connection Consultancy is a boutique sport and recreation consultancy who has become one of Australia’s leading advocates for the use of synthetic sports surfaces as a vehicle to grow…read more
HQH Fitness is an international company that specialises in improving the health, fitness and wellness of people everywhere. We are the South Pacific distributors for Total Gym/GRAVITY Education and…read more
Gladstone Health & Leisure (Gladstone MRM Pty Ltd Australia) is a leading supplier of leisure management and fitness software and is endorsed by leading health and fitness professionals and…read more
Neptune Benson is a manufacturer of high quality water filtration and disinfection products for the recreational, industrial, and municipal water markets. With more than 20,000 installations…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!